alt Hacker NewsHalf of that would be in stocks, resulting in 2.5% dilution for shareholders at the current market cap. But the stock is down 8%.
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loeg • today at 8:24 PM
It's not dilutive -- current shareholders get $10B (or 97% of $10B, whatever). Market reaction is some combination of profitability concern / bankruptcy risk because Oracle is super leveraged and taking on even more debt. Maybe the AI hyperscalars will slow down spending in 2028.
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First homeopatic share.